Bitcoin recently hit its highest weekly closing price ever. Now, it’s in a bit of a holding pattern, testing key support levels before potentially making another big jump. Some analysts think this is just a quiet period before things get really exciting. Key Support Levels Confirmed Bitcoin closed above some really important price points last…
Charles Hoskinson, the head of Cardano, recently revealed why his company didn’t partner with El Salvador on a cryptocurrency project. It all boils down to some serious legal and political concerns. A Risky Airdrop The El Salvador government wanted to do a massive cryptocurrency airdrop to everyone in the country. This included people on international…
Tether, the company behind the world’s leading stablecoin, is teaming up with Crystal Intelligence to combat cryptocurrency crime. This partnership involves a significant financial investment by Tether to improve the overall security of the crypto ecosystem. Fighting Fraud and Scams The collaboration focuses on leveraging Crystal Intelligence’s blockchain analytics expertise to detect fraud, provide regulatory…
Trump Media’s Truth Social is making waves in the crypto world, submitting an application for a Bitcoin and Ether exchange-traded fund (ETF). This move signals a growing acceptance of crypto investments and throws a wrench into the already competitive ETF market. A Crypto ETF? What’s the Big Deal? Truth Social wants to launch an ETF…
The SEC is pushing for faster approvals of Solana ETFs than initially planned. Instead of waiting until October, the target deadline, they’re asking applicants to resubmit their paperwork by the end of this month. Faster Approvals on the Horizon? Insiders say the SEC is feeling the pressure to speed things up, especially after the REX-Osprey…
A popular crypto trader, Michaël van de Poppe, predicts that the crypto market is on the verge of hitting new all-time highs. He bases this on his analysis of the total crypto market capitalization (excluding stablecoins), which he believes is ready for a significant breakout. Total Market Cap Breakout Imminent Van de Poppe, who boasts…
Institutional investors are piling into crypto, with over $18 billion flowing into digital asset investment products over the past 12 weeks, according to CoinShares. This massive influx has pushed total assets under management (AuM) to record highs. A Billion-Dollar Week for Crypto Last week alone saw $1.04 billion in inflows, marking the 12th straight week…
JPMorgan Chase’s wealthiest clients are moving their money overseas. They’re diversifying their investments due to global uncertainty. A Shifting Global Landscape The bank is expanding its private banking services to help these high-net-worth individuals spread their assets internationally. This service requires a minimum of $10 million, catering to clients who want to reduce their reliance…
Scammers posing as President Trump and Vice President JD Vance’s inaugural committee swindled over $250,000 from unsuspecting victims, according to federal prosecutors. The Scam The con artists used fake email addresses to impersonate co-chair Steve Witkoff, tricking people into sending them money. Prosecutors are taking action to recover the stolen funds and punish the perpetrators….
Bitcoin’s price has been steadily climbing, recently surpassing $108,000 and showing strong bullish momentum. Could this be the start of another massive price surge? Following a Familiar Pattern? Crypto analyst Merlijn The Trader believes Bitcoin is entering its third “parabolic phase,” mirroring similar rallies in 2017 and 2021. His analysis shows a consistent pattern: a…
